Saint-Gobain : End of the line for Sika
>A disposal widely expected by the market - Saint-Gobain announced yesterday the sale of its entire stake in Sika via a private placement with institutional investors though an ABB. The group had acquired a 10.75% stake in Sika in May 2018 when it bought 100% of SWH shares from the Burkard family.The sale comes after the expiry of the 2-year lock-up period agreed in May 2018. Sika chose not to exercise its pre-emptive right on the shares owned by SWH. Like the m...Compagnie de Saint-Gobain manufactures, produces, and distributes industrial materials. Co.'s activities are divided into four sectors: Innovative Materials (Co. makes, processes and sells glass and glazing products for the building, the automotive and solar energy industries; Co. also manufactures Ceramics and Plastics, Abrasives, and Textiles), Construction Products (Co. offers products for the Insulation, Gypsum, Exterior Products, Pipe and Industrial Mortars), Building Distribution (Co. distributes building materials (plumbing, heating and sanitaryware products) and ceramic tiles), and Packaging - Verallia (Co. manufactures glass containers and jars for foodstuffs and beverages).
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.